NEW ZELAND DOLLAR / US DOLLAR H4 Time Frame Major Trend = Ranging Minor Trend = Downtrend Nearest Support Area = 0.60825-0.61260 Nearest Resistance Area = 0.63500-0.63825 Overall Bias = Short Short Term Target = 0.61900-0.62130 Ideal Target = 0.60825-0.61260 Invalidation Level = 0.63825 Notes : NZDUSD in its daily time frame is in a small range bound area...
NEW ZELAND DOLLAR / JAPANESE YEN H4 Time Frame Major Trend = Ranging Minor Trend = Downtrend Nearest Support Area = 84.150-84.430 Nearest Resistance Area = 86.095-86.420 Overall Bias = Short Short Term Target = 83.500-83.725 Ideal Target = 82.300-82.555 Invalidation Level = 85.920 Notes : AUDJPY has been one of the weakest Yen pairing with price stuck in a...
NEW ZELAND DOLLAR / CANADIAN DOLLAR H4 Time Frame Major Trend = Downtrend Minor Trend = Uptrend Nearest Support Area = 0.82900-0.83300 Nearest Resistance Area = 0.85200-0.85585 Overall Bias = Short Short Term Target = 0.84000-0.84545 Ideal Target = 0.82900-0.83300 Invalidation Level = 0.85730 Notes : NZDCAD has been in a downtrend channel since last December...
BRITHISH POUND / CANADIAN DOLLAR H4 Time Frame Major Trend = Uptrend Minor Trend = Downtrend Nearest Support Area = 1.67965-1.68375 Nearest Resistance Area = 1.69950-1.70380 Overall Bias = Long Short Term Target = 1.67965-1.68375 Ideal Target = 1.69950-1.70380 Invalidation Level = 1.67350 Notes : GBPCAD finalized our pound ideas today where its structure is...
BRITISH POUND / AUSTRALIAN DOLLAR H4 Time Frame Major Trend = Uptrend Minor Trend = Downtrend Nearest Support Area = 1.85900-1.86440 Nearest Resistance Area = 1.87940-1.88400 Overall Bias = Long Short Term Target = 1.87940-1.88400 Ideal Target = 1.89550-1.90000 Invalidation Level = 1.85900 Notes : Another interesting GBP pair is GBPAUD where price have been...
BRITISH POUND / JAPANESE YEN H4 Time Frame Major Trend = Uptrend Minor Trend = Uptrend Nearest Support Area = 168.600-169.300 Nearest Resistance Area = 172.750-173.420 Overall Bias = Long Short Term Target = 171.000-171.485 Ideal Target = 172.750-173.420 Invalidation Level = 168.000 Notes : Later on today The Bank Of England will discuss another possible...
EURO / NEW ZELAND DOLLAR H4 Time Frame Major Trend = Uptrend Minor Trend = Downtrend Nearest Support Area = 1.700100-1.70950 Nearest Resistance Area = 1.75130-1.75870 Overall Bias = Short Short Term Target = 1.75130-1.75870 Ideal Target = 1.700100-1.70950 Invalidation Level = 1.78385 Notes : EURNZD is still in an overall uptrend even though price did correct...
AUSTRALIAN DOLLAR / US DOLLAR H4 Time Frame Major Trend = Downtrend Minor Trend = Ranging Nearest Support Area = 0.65680-0.65950 Nearest Resistance Area = 0.67723-0.67970 Overall Bias = Short Short Term Target = 0.66500-0.66945 Ideal Target = 0.65680-0.65950 Invalidation Level = 0.68400 Notes : All eyes are on the US Dollar today as the United States are set...
US DOLLAR / CANADIAN DOLLAR H4 Time Frame Major Trend = Ranging Minor Trend = Downtrend Nearest Support Area = 1.32600-1.33100 Nearest Resistance Area = 1.35050-1.35445 Overall Bias = Short (Possible Reversal Soon) Short Term Target = 1.32600-1.33100 Ideal Target = 1.35050-1.35445 Invalidation Level = 1.32295 Notes : Moving onto another USD pairing, USDCAD...
BRITISH POUND / US DOLLAR H4 Time Frame Major Trend = Uptrend Minor Trend = Uptrend Nearest Support Area = 1.23850-1.24283 Nearest Resistance Area = 1.25924-1.26530 Overall Bias = Long (Possible Reversal Soon) Short Term Target = 1.25000-1.25280 Ideal Target = 1.23850-1.24283 Invalidation Level = 1.26685 Notes : Today the US will publish its Inflation Rate YoY...
US DOLLAR / JAPANESE YEN H4 Time Frame Major Trend = Downtrend Minor Trend = Ranging Nearest Support Area = 127.195-128.125 Nearest Resistance Area = 136.390-137.450 Overall Bias = Short Short Term Target = 130.327-130.710 Ideal Target = 127.195-128.125 Invalidation Level = 137.825 Notes : USDJPY has been weak since late 2022 with price lately being more range...
BRITISH POUND / SWISS FRANC H4 Time Frame Major Trend = Ranging Minor Trend = Downtrend Nearest Support Area = 1.10385-1.10800 Nearest Resistance Area = 1.13155-1.13570 Overall Bias = Short Short Term Target = 1.11030-1.11235 Ideal Target = 1.10385-1.10800 Invalidation Level = 1.14170 Notes : GBPCHF seems to be making a big triangle pattern since October last...
EURO / CANADIAN DOLLAR H4 Time Frame Major Trend = Uptrend Minor Trend = Downtrend Nearest Support Area = 1.45850-1.46500 Nearest Resistance Area = 1.49795-1.50625 Overall Bias = Long Short Term Target = 1.45850-1.46500 Ideal Target = 1.49795-1.50625 Invalidation Level = 1.144940 Notes : EURCAD has been in a strong uptrend since August 2022 where currently...
AUSTRALIAN DOLLAR / SWISS FRANC H4 Time Frame Major Trend = Downtrend Minor Trend = Ranging Nearest Support Area = 0.58850-0.58850 Nearest Resistance Area = 0.60220-0.60480 Overall Bias = Long Short Term Target = 0.60635-0.60840 Ideal Target = 0.61000-0.61478 Invalidation Level = 0.58500 Notes : AUDCHF has been in a strong downtrend since March Of 2021, but...
BRITHIS POUND / NEW ZELAND DOLLAR H4 Time Frame Major Trend = Uptrend Minor Trend = Downtrend Nearest Support Area = 1.99750-2.00850 Nearest Resistance Area = 2.04300-2.04523 Overall Bias = Long Short Term Target = 1.99750-2.00850 Ideal Target = 2.07750-2.08871 Invalidation Level = 1.98350 Notes : GBPNZD is currently trending upwards after price broke out of...
EURO / AUSTRAILIAN DOLLAR H4 Time Frame Major Trend = Uptrend Minor Trend = Downtrend Nearest Support Area = 1.61580-1.62190 Nearest Resistance Area = 1.65224-1.65753 Overall Bias = Long Short Term Target = 1.61580-1.62190 Ideal Target = 1.65224-1.65753 Invalidation Level = 1.60350 Notes : EURAUD is in a major uptrend on its daily time frame with price making...
EURO / JAPANESE YEN H4 Time Frame Major Trend = Uptrend Minor Trend = Downtrend Nearest Support Area = 145.558-147.358 Nearest Resistance Area = 150.800-151.000 Overall Bias = Long Short Term Target = 149.550-150.050 Ideal Target = 155.000-156.950 Invalidation Level = 143.600 Notes : EURJPY like other JPY Pairs have been in a strong uptrend since earlier last...
US Dollar / SWISS FRANC H4 Time Frame Major Trend = Downtrend Minor Trend = Downtrend Nearest Support Area = 0.88230-0.88555 Nearest Resistance Area = 0.89600-0.89900 Overall Bias = Short (Possible Reversal Soon) Short Term Target = 0.878875-0.88250 Ideal Target = 0.90900-0.91250 Invalidation Level = 0.87480 Notes : USDCHF have been in a long downtrend ever...